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Africa Maintaining Growth in an Uncertain World

October 12, 2012

Tea harvesting in Kenya. Low-income countries such as Kenya are expected to experience high levels of growth this year (photo: Mukoya/Newscom)

Despite the sluggish global economy, sub-Saharan Africa has remained resilient, with growth expected to be around 5% this year. But while low-income countries continue to expand, middle-income countries, and particularly those closely linked to European markets, are experiencing a slowdown.

Jon Shield, IMF, African Department